
Mike Novogratz Predicts the U.S. Will Purchase Bitcoin Within the Next Six Months
Renowned investor and Galaxy Digital CEO Mike Novogratz has made a bold prediction that the United States government will start adding Bitcoin to its balance sheet around Q2-Q3 2025. During a recent speech at an Ondo Summit, Novogratz expressed his optimism regarding Bitcoin’s growing role in the financial system, particularly under the new presidential administration.
Notably, the billionaire investor highlighted a shift in regulatory sentiment that could lead to a surge in institutional adoption of Bitcoin. With a new leadership direction at the Securities and Exchange Commission (SEC), Novogratz expects an increase in cryptocurrency-related public listings on major U.S. exchanges such as the New York Stock Exchange (NYSE) and Nasdaq. Galaxy Digital itself is among the firms planning to go public in the near future.
Novogratz also shared insights from a high-profile event he attended, featuring Vice President J.D. Vance, tech mogul Mark Zuckerberg, venture capitalist Peter Thiel, and executives from various cryptocurrency companies. He noted a positive outlook on digital assets within influential circles, reinforcing his belief that Bitcoin is increasingly being recognized as a strategic financial asset.
“I think Bitcoin will be on the government’s balance sheet within six months,” Novogratz stated. He emphasized that Bitcoin has solidified its position as a reliable store of value and could soon play a key role in national financial strategies.
Meanwhile, while acknowledging potential short-term volatility in Bitcoin’s price, Novoratz dismissed concerns, labeling it a “buying opportunity” rather than a setback. He also stressed that price fluctuations do not diminish Bitcoin’s value in the long run, as institutional demand is expected to drive sustained growth.
This outlook aligns with a recent tweet from Matthew Sigel, head of digital asset research at VanEck, who predicted that individual U.S. states might soon begin acquiring Bitcoin as part of their strategic reserves. According to the analyst, the passage of Bitcoin Strategic Reserve (SBR) bills at the state level could create demand for over 240,000 BTC worth approximately $23.5 billion. He also suggested that pension funds and other institutional investors could follow suit, further accelerating Bitcoin’s adoption.
That said, the notion of Bitcoin as a sovereign reserve asset has continued to gain momentum in both political and financial circles, particularly with President Donald Trump proposing a digital asset task force to explore integrating Bitcoin into the U.S. financial system during last year’s campaigns. Major crypto advocacy groups and companies such as Satoshi Fund are actively lobbying for Bitcoin reserves at both the state and federal levels.
Source: zycrypto.com